Sentio has successfully completed the disposal by Wolseley plc of Bathstore.com to Endless LLP.
Despite poor retail market conditions, Bathstore, the UKâ€™s leading independent specialist bathroom retailer with 169 stores and over 500 employees, retains a strong market position and high brand recognition. Identifying an acquirer with the appetite and commitment to invest in the Business was a key aspect of the process. Dave Irwin commented that â€œEndless communicated a strong interest from the outset and demonstrated its confidence by committing funds to invest in the store portfolio and further develop Bathstoreâ€™s e-commerce offeringâ€.
The sale of Bathstore represents the final step in Wolseley plcâ€™s disposal programme in line with its strategy of focusing on core operations.